Having too much debt may haunt you day and night, and you may be looking for ways to get your finances back under control. You may be able to give yourself a fresh start by filing for either Chapter 7 or Chapter 13 bankruptcy. How do the two types of personal...
Medical expenses and unemployment can result in mountains of debt and little recourse for Virginia residents. If you use credit cards for daily necessities and are struggling with minimum payments that don’t lower your balance, it may be time to change your strategy....
About 530,000 people around the country file for bankruptcy each year, and most of them do so because of overwhelming medical debt. A recent academic study revealed that two out of three personal bankruptcies are tied to medical debt, and many Virginia consumers who...
Debt collectors in Virginia and around the country have become increasingly aggressive in recent years, and daily calls demanding payment have become the norm for people who are struggling to make ends meet. The tactics used by third-party bill collectors often border...
Failing to make a car payment on time could result in an individual's vehicle being repossessed. However, lenders in Virginia and throughout the country don't want to see that happen. Usually, it is more expensive to repossess a car as opposed to working out a new...
Virginia residents in the 25-to-34 age group have a high likelihood of struggling with debts. While some may assume that these millennials are mostly dealing with high student loan balances, credit card debts are more common. The 2018 Planning and Progress Study from...
Virginia residents who are struggling to keep up with their debt payments could benefit from filing for bankruptcy. Mortgages, auto loans and credit card bills are among the types of debts that could be discharged. It is also possible to have rent, past due utility...
Many people in Virginia are facing a daily crisis and financial struggle with the weight of overwhelming debt that may seem impossible to pay back. As late fees, interest charges and other expenses accumulate, these people may be looking for a solution or a way out...
